Rwanda policy interest rate
National Bank of Rwanda (BNR) Central Bank Rate (CBR), set quarterly by the Monetary Policy Committee (Feb/May/Aug/Nov).
| Current value | 8.25 percent |
|---|---|
| In force from | 2026-05-20 |
| Official source | National Bank of Rwanda — MPC press release, May 2026 |
| Last verified | 2026-07-15 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
Raised 100bps at the 20 May 2026 MPC — the highest level since 2009 — responding to April 2026 inflation of 13.0% against the 2-8% target band (2026 average projection revised to 13.9%). Next decision: August 2026 quarterly MPC (~19 Aug); further tightening plausible but not announced.
Earlier values
| From | Value | Source |
|---|---|---|
| 2025-02-12 | 6.5 | BNR — MPC press release, February 2025 (hold; rate in force |
| 2025-08-20 | 6.75 | BNR — MPC press release, August 2025 (+25bps; held November |
| 2026-02-18 | 7.25 | BNR — MPC press release, February 2026 (+50bps) |
Get it programmatically
curl https://afriref.dev/v1/rw/policy-rate
# $0.001 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://afriref.dev/v1/rw/policy-rate/history?from=2020-01-01
# Provenance: curl https://afriref.dev/provenance/rw/policy-rateOther Rwanda series: VAT rate · minimum wage · public holidays · inflation rate (CPI) · corporate tax rate · income tax rates